
According to a recently published report by market research firm Technavio, the global professional skin care market is expected to grow at a CAGR of 6.15% over the period 2014-2019. The market includes a variety of skincare products with anti-aging, anti-pigmentation, anti-dehydration, anti-cellulite and sun protection properties.
The report identifies the multi-functionality of cosmetic formulae as a major incentive for the market. Other factors that drive the skincare market include Increase in demand for anti-aging products, emergence of customized products, and increased demand for sunscreen products.
The report identifies cosmetic surgery and Botox as posing challenges to skincare products. In fact, these cosmetic dermatologic procedures can provide what skincare products cannot offer. For instance, a laser facelift is a minimally-invasive procedure that can tighten and lift the lower face, smooth wrinkles, and restore a more youthful-looking neckline. BOTOX injections can prove a quick and effective solution for the frown lines on the forehead, between the eyes, and at the base of the nose.
Deep folds, dynamic wrinkles facial scars are best treated by combinations of skin rejuvenation procedures such as chemical peels, dermabrasion and light and laser techniques. Cosmetic surgeons will recommend the best treatment based on individual characteristics such as skin type, degree of skin damage, medical history, overall health and other conditions.
